By Lucy Ogalue Some African leaders say the continent will benefit from increasing its alliance with Brazil, Russia, India, China, and South Africa (BRICS) group because of the many investment opportunities. They spoke during a BRICS Business Breakfast in Nairobi, Kenya, on the sidelines of the ongoing African Development BankContinue Reading
By Lucy Ogalue Stakeholders have urged Heads of State and Government in Africa to scale up the provision of free school meals in spite of the economic challenges. They spoke on a sideline event at the ongoing African Development Bank’s (AfDB) Annual Meetings in Nairobi. The theme is “Creating FiscalContinue Reading
By Emmanuella Anokam The Nigerian National Petroleum Company Limited (NNPC Ltd.) on Thursday announced the signing of a settlement agreement facilitating the divestment of ExxonMobil’s stake in Mobil Producing Nigeria Unlimited (MPNU) to Seplat Energy Plc. This is coming two years after the divestment plan was announced. The NNPC Ltd.,Continue Reading
By Jacinta Nwachukwu The Federal Government and the International Organisation for Migration (IOM) have facilitated the safe return of 29 out of 120 Nigerians stranded in Sudan. The Federal Commissioner, National Commission for Refugees, Migrants and Internally Displaced Persons (NCFRMI), Alhaji Tijani Ahmed, stated this at the reception of theContinue Reading
By Perpetua Onuegbu The National Civil Society Council of Nigeria (NCSCN) has called on President Bola Tinubu to appoint qualified officials from Southeast to head the Federal Road Safety Corps (FRSC). Dr Raymond Edoh, the Council’s Executive Director, said this on Wednesday in Abuja, at a news conference on theContinue Reading
By Lucy Ogalue African Leaders have advocated for a reform of the financial architecture that integrates climate change and public finance to liberate Africa. They spoke on Wednesday at the official opening of the ongoing 2024 African Development Bank (AfDB) Group meetings in Nairobi, Kenya. The News Agency of NigeriaContinue Reading
By Precious Akutamadu Gov. Siminalayi Fubara of Rivers, on Wednesday, said that his administration has shown commitment to service delivery in line with its campaign promises. Speaking at an event to unveil his scorecard in Port Harcourt, Fubara said that his administration had done well in economy, infrastructure, housing andContinue Reading
By Lucy Ogalue Business Development experts have urged African nations to intensify efforts to attract private-sector financing to enhance tertiary education in order to equip the continent’s youth with competitive skills. The experts spoke at a panel discussion in Nairobi, Kenya, on the sidelines of the 2024 African Development BankContinue Reading
By Lucy Ogalue Dr Akinwunmi Adesina, Group President, African Development Bank (AfDB), says infrastructure development remain critical for the effective transformation of Africa. Adesina told newsmen on the sidelines of the ongoing AfDB Annual General Meeting 2024 on Tuesday in Nairobi that infrastructure were the backbone of Africa’s transformation. TheContinue Reading
By Lucy Ogalue Dr Akinwunmi Adesina, the Group President, African Development Bank (AfDB), said Africa is losing about seven to 15 billion dollars annually to the ravages of climate change. Adesina said this during a media conference in Nairobi on the sidelines of the ongoing AfDB Annual Meetings 2024. TheContinue Reading
